On July 31, 2013, the payroll register of Reed Wholesale Company showed the following totals for the month: gross earnings, $38,600; social security tax, $2,393.20; Medicare tax, $559.70; income tax, $3,055.96; and net amount due, $32,591.14. Of the total earnings, $30,558.46 was for sales salaries and $8,041.54 was for office salaries.
Prepare a general journal entry to record the monthly payroll of the firm on July 31, 2013. (Round your answers to 2 decimal places. Omit the "$" sign in your response.) |
| Date | General Journal | Debit | Credit | ||
| July | 31, | 2013 | Sales salaries expense | ||
| Office salaries expense | |||||
| Social security tax payable | |||||
| Medicare tax payable | |||||
| Employee income tax payable | |||||
| Salaries payable | |||||